Nicolás Maduro Moros, President of the Bolivarian Republic of Venezuela, announced during his first state visit to the People’s Republic of China that new accords were signed relating to Venezuela’s Great Housing Mission, the government’s landmark housing program. The two countries also agreed to develop infrastructure projects, including a highway running between the center and west of the country that bypasses the capital.

“The recourses, teams and projects [are ready] and we will invest in this great work for the country,” he declared in a statement made to Venezolana de Televisión from Beijing.

Moreover, the President said that an agreement was reached to finalize a manufacturing complex in the state of Anzoátegui which would be ready by December. Among the most important of the accords is a $14 billion investment in the Junín 1 camp of the Orinoco Oil Belt, which holds the most hydrocarbon reserves in the world.

Security

President Maduro also highlighted an accord to develop a system of electronic surveillance which will be the focus of the second phase of the Safe Nation program, designed to protect the Venezuelan people.

He noted that the system is already in service in the municipality of Sucre in the state of Miranda, and that it should be in place throughout the country in less than a year.

This new system will be produced and maintained domestically, and it is possible it may be exported to other Mercosur (Common Market of the South) countries.

“This China – Venezuela XII Commission has been very successful. We have dedicated it to Commander Hugo Chávez, in his honor,” Maduro said.

The President also emphasized the recognition and affection that China and the rest of the world gave the socialist leader: “Commander Chávez transcended borders and became an icon in the fight for equality and anti-imperialism.”

Maduro stressed that in the past 12 years, this binational commission has established a strategic alliances that touches on every area of cooperation: energy, petroleum, natural gas, infrastructure, housing, and industrial, technological and agricultural development, among other things.
“The main factor is that we have ratified this strategic alliance and we have expanded it in concrete terms,” he declared.